Americans Spend Over 80 Hours A Year Looking For Deals

Audio By Carbonatix

Who doesn’t love finding a good deal? Well, apparently not many people because a new report suggests folks will spend a lot of time looking for one. 

A new Slickdeals survey finds:

• Americans will spend 83 hours a year looking online for the best deals.
• And all that work pays off, with all those hours resulting in savings of nearly $10,000 a year.
• Some folks will even keep their eye on a pending deal for an average of nine days before giving up. 

And while that may sound like a lot of work, apparently folks don’t seem to mind.

• In fact, 68% of people find hunting for deals fun.
• 65% think there are few things as satisfying as discovering an online sale.
• And 56% are so proud of the deals they find they brag about it to friends.
• 69% also don’t keep it to themselves so others can find similar great purchases.
• And people are so proud of a bargain that 58% feel the need to tell strangers how much they’ve saved if they are complimented on their purchase.

And some folks are willing to do anything for a deal, including:

• Take an online survey (63%)
• Sign up for an email newsletter (59%)
• Sign up for a rewards program (51%)
• Sign up for text updates (50%)
• Apply for a store's credit card (28%) 

Source: Slickdeals

Thought Starters…

• I love a good deal but 80 hours seems like a lot…
• How much do you love a good deal? How many hours do you think you spend looking for a good deal?
• When you find a good deal do you like to brag about it or keep it to yourself?
• How far would you go to find a good deal?